To February 2018 the Indian central government will tender 45.GW wind power

2017.10.24

power cable for wind power industry



To February 2018 the Indian central government will tender 4.5 giva wind power

India plans to open in February 2018 4.5 Giva wind power installed capacity to vigorously promote the domestic wind power market development.

 India's Ministry of New Energy and Renewable Energy announced that it will be held in October 2017, December 2017 and February 2018, respectively, carried out 1.5 Giva wind power installed capacity tender. So far, the central government level of two rounds of tender each time to reach 1 GW installed capacity, and each time the minimum tax rate.

In the first wind power project tender this year, the minimum tax rate of 3.46 rupees / kWh (5.3 cents / kWh), the tender size of 1,050 megawatts; and the second is the tax rate of 2.64 rupees / kWh (4.0 cents / KWh) winning 1,000 megawatts. The latest tax rate is not only lower than all thermal power plants, but also lower than all of India's solar power plants.

Encouraged by the success and competition of developers, several state governments are also beginning to bid for wind power projects at the same time, began to implement the electricity price system.

India in 2022 before March to determine the 60 GW of wind power installed capacity target, the current operating capacity of about 38 GW. India is likely to exceed this goal. The central government has announced plans to auction 4-5 GW each year, in addition, the state government will also be a separate tender.

Although the tender on the government and power companies are very beneficial, but may cause financial pressure on the bidders. Tax rates have fallen by 24% in a few months, exacerbating the uneasiness of project developers and turbine manufacturers. This competition is the country from the electricity price system to reverse the price of direct results.

As the power companies refuse to purchase this relatively expensive electricity, the recent completion of the electricity price system under the project is still in a stagnant phase.

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